Applied Digital Corporation (APLD)
| Market Cap | 905.61M |
| Revenue (ttm) | 221.19M |
| Net Income (ttm) | -244.19M |
| Shares Out | 224.72M |
| EPS (ttm) | -1.39 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 32,995,110 |
| Open | 4.030 |
| Previous Close | 3.950 |
| Day's Range | 3.960 - 4.265 |
| 52-Week Range | 2.631 - 12.480 |
| Beta | 5.02 |
| Analysts | Strong Buy |
| Price Target | 10.67 (+164.76%) |
| Earnings Date | Apr 14, 2025 |
About APLD
Applied Digital Corporation designs, develops, and operates digital infrastructure solutions and cloud services high-performance computing (HPC) and artificial intelligence industries in North America. It operates through three segments: Data Center Hosting Business, Cloud Services Business, and HPC Hosting Business. The company offers infrastructure services to crypto mining customers; and GPU computing solutions for critical workloads related to AI, machine learning, and other HPC tasks. It also engages in the designing, constructing, and man... [Read more]
Financial Performance
In 2024, Applied Digital's revenue was $165.58 million, an increase of 198.92% compared to the previous year's $55.39 million. Losses were -$149.27 million, 234.4% more than in 2023.
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for APLD stock is "Strong Buy." The 12-month stock price forecast is $10.67, which is an increase of 164.76% from the latest price.
News
Applied Digital: 3 Reasons We Think Now Is The Time To Buy
Applied Digital has pivoted from cryptocurrency mining solutions to providing digital infrastructure, focusing on a massive AI-first data center in Ellendale, North Dakota. Despite delays in securing ...
Applied Digital: REIT Focus Is A Strategic Pivot For Growth
Applied Digital mentioned a plan to transition into a REIT for the first time since announcing its strategic shift to building and leasing HPC data centers. The sale of the cloud services segment coul...
Applied Digital Shares Tank Almost 40% On 3Q, Why This Analyst Remains Bullish
Shares of Applied Digital Corp APLD tanked in early trading after the company reported disappointing earnings for its fiscal third quarter.
Applied Digital Corporation (APLD) Q3 2025 Earnings Call Transcript
Applied Digital Corporation (NASDAQ:APLD) Q3 2025 Earnings Conference Call April 14, 2025 5:00 PM ET Company Participants Matt Glover - IR, Gateway Group, Inc. Wes Cummins - CEO Saidal Mohmand - CFO ...
Applied Digital misses quarterly revenue estimates as clients delay renewing data center leases
Applied Digital reported third-quarter revenue below Wall Street estimates on Monday, as clients delayed renewing their data center leases, sending shares of the company down 11% in extended trading.
Applied Digital Reports Fiscal Third Quarter 2025 Results
DALLAS, April 14, 2025 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure ...
Applied Digital Sets Fiscal Third Quarter 2025 Conference Call for Monday, April 14, 2025, at 5:00 p.m. Eastern Time
DALLAS, March 31, 2025 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure ...
Applied Digital Closes $375 Million Financing with SMBC to Support Ellendale HPC Campus
Sumitomo Mitsui Banking Corporation (“SMBC”) leads a $375 million financing for the Company's Ellendale High Performance Computing (“HPC”) data center campus (the “Ellendale HPC Campus”) Provides furt...
Applied Digital Is Building Datacenters In North Dakota For The Next Generation of AI And Computing
Sponsored by Dell Technologies. The demand for AI-powered tools and high-performance computing is reaching new heights.
Applied Digital, Vericel, Calavo Growers And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session
U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 50 points on Wednesday.
Applied Digital Q2 FY25 Review: Continuous Delays In Signing Customer Is Disappointing
Applied Digital reported Q2 FY25 earnings after market hours yesterday. Going into this, I had a bullish view. But the lack of developments in signing a customer activates a key risk. APLD has been un...
Applied Digital Corporation (APLD) Q2 2025 Earnings Call Transcript
Applied Digital Corporation (NASDAQ:APLD) Q2 2025 Results Conference Call January 14, 2025 5:00 PM ET Company Participants Matt Glover - IR, Gateway Group, Inc. Wes Cummins - CEO Saidal Mohmand - CFO...
Applied Digital posts smaller-than-expected loss on demand for cloud services
Data center operator Applied Digital on Tuesday posted a smaller-than-expected loss for the second quarter, helped by increased demand for high-performance data center infrastructure and cloud service...
Applied Digital Reports Fiscal Second Quarter 2025 Results
DALLAS, Jan. 14, 2025 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure d...
Applied Digital's Stock Surges on Up to $5B Investment by Macquarie
Applied Digital (APLD) shares jumped in intraday trading Tuesday after it announced that Macquarie Asset Management will invest up to $5 billion in its high-performance computing (HPC) data centers.
S&P500: Stock Futures Climb as Applied Digital Soars 19% on AI Investment, PPI Cools
S&P500 and Nasdaq rise as PPI data cools inflation fears. Applied Digital jumps 19%, KB Home up 9%.
Applied Digital Gets Help in Building AI Data Centers. Macquarie Joins Nvidia as Investor.
Macquarie Asset Management is investing up to $5 billion in the data-center operator.
Macquarie to invest up to $5 bln in Applied Digital data centers, WSJ reports
Investment bank Macquarie will invest up to $5 billion in Applied Digital's AI data centers and will take a 15% stake in the company, the Wall Street Journal reported on Tuesday.
Macquarie to Invest Up to $5 Billion in Applied Digital AI Data Centers
The deal follows strong investor interest in businesses connected to the AI boom.
Applied Digital: Building A Starter Position On This High Growth Play
Applied Digital is transitioning from operating data centers for crypto mining customers to building and operating data centers for larger hyperscaler companies. There is significant growth potential ...
Applied Digital Welcomes Laura Laltrello as Chief Operating Officer
Applied Digital welcomes Laura Laltrello as Chief Operating Officer, enhancing the company's leadership in next-generation data centers and digital cloud.
Applied Digital: A Generational Opportunity In The HPC Data Center Industry
Applied Digital could announce the signing of its $2.2 billion lease agreement and a new lease with another hyperscaler during its Q2 earnings on January 14th after hours. Applied Digital's HPC data c...
NewStar Exchange Acquires Newly Constructed Built-to-Rent ("BTR") Community in Charlotte, North Carolina and Launches New 1031 Delaware Statutory Trust Offering
ATLANTA , Dec. 19, 2024 /PRNewswire/ -- NEWSTAR Exchange, a subsidiary of NEWSTAR, announced today that it has acquired Hadley Crossing by Stella Homes, a single-family rental subdivision located in C...
Applied Digital Sets Fiscal Second Quarter 2025 Conference Call for Tuesday, January 14, 2025, at 5:00 p.m. Eastern Time
DALLAS, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure d...
Applied Digital Announces Ellendale HPC Data Center Development Milestone
ELLENDALE, N.D., Dec. 17, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) (“Applied Digital” or the “Company”), a designer, builder, and operator of next-generation digital infrast...